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Category Archives: Mortgage News

Mortgage Rates Rising On 26 Straight Months Of Jobs Growth

Posted on December 12, 2012 by admin

According to the Bureau of Labor Statistics (BLS) and its November 2012 Non-Farm Payrolls report, the U.S. economy added 146,000 net new jobs last month. Continue reading →

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What’s Ahead For Mortgage Rates This Week: December 10, 2012

Posted on December 10, 2012 by admin

Mortgage bonds worsened last week as Fiscal Cliff talks moved closer to resolution and as the U.S. economy showed continued signs of growth. Continue reading →

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Mortgage Relief Tax Exemption Set To Expire

Posted on November 27, 2012 by James W. Wright, RB, BIC, CEO

WASHINGTON — Beginning on Jan. 1, people who lose their home to foreclosure will be required to pay federal taxes on any unpaid mortgage the bank can’t recoup through an auction. The same will be true for homeowners whose loan … Continue reading →

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What’s Ahead For Mortgage Rates This Week: October 29, 2012

Posted on October 29, 2012 by admin

Pricing for both conforming and FHA mortgage rates improved between Monday and Friday, with the majority of gains occurring late in the week. Continue reading →

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What’s Ahead For Mortgage Rates This Week: October 22, 2012

Posted on October 22, 2012 by admin

Mortgage markets worsened last week, taking mortgage rates higher. The Federal Open Market Committee meets this week. Continue reading →

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What’s Ahead For Mortgage Rates This Week: October 15, 2012

Posted on October 15, 2012 by admin

Mortgage markets improved slightly last week. With a dearth of new U.S. economic data due for release, investors turned their collective attention to the Europe, China, and the Middle East. U.S. mortgage rates fell slightly in the holiday-shortened week. Continue reading →

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What’s Ahead For Mortgage Rates This Week : October 9, 2012

Posted on October 9, 2012 by admin

Mortgage markets worsened last week for the first time in a month last week. Continue reading →

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What’s Ahead For Mortgage Rates This Week : October 1, 2012

Posted on October 1, 2012 by admin

For the third straight week, mortgage rates improved. This week’s jobs report threatens those gains, however. Continue reading →

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What’s Ahead For Mortgage Rates This Week : September 24, 2012

Posted on September 24, 2012 by admin

Mortgage markets improved for the second consecutive week last week as demand for U.S. mortgage-backed bonds remained high. Continue reading →

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30-Year Fixed Rate Mortgage Drops To 3.49% — An All-Time Low

Posted on September 21, 2012 by admin

For the first time in 9 weeks, mortgage rates have made new lows. Continue reading →

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